UID:
almahu_9949285314302882
Format:
XXVIII, 301 p. 25 illus.
,
online resource.
Edition:
1st ed. 2013.
ISBN:
9783658002343
Series Statement:
Schriften zum europäischen Management,
Content:
Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data set of more than 40,000 European transactions, she applies a variety of econometrical approaches and shows how neoclassical aspects, information asymmetries, agency conflicts, and market timing contribute to the dynamics in the private equity market. In a performance analysis of more than 1,300 European funds she reveals the resulting performance implications.
Note:
Review of economic and business literature on private equity in Europe -- Development of a theoretical framework on private equity investment cycles -- Analysis of factors driving private equity investment activity on aggregate and industry level -- Analysis of the performance implications of investment cycles -- Practical implications, summary and conclusion.
In:
Springer Nature eBook
Additional Edition:
Printed edition: ISBN 9783658002350
Additional Edition:
Printed edition: ISBN 9783658002336
Language:
English
DOI:
10.1007/978-3-658-00234-3
URL:
https://doi.org/10.1007/978-3-658-00234-3
